How phishing scams are draining crypto wallets?
A crypto investor lost $3 million from a single careless click on a phishing link, highlighting that even experienced market participants remain at risk.
Attackers are increasingly abandoning complex technical hacks in favor of social engineering, exploiting human psychology to bypass security protocols with ease.
The victim signed a malicious blockchain transaction without verifying the contract address, resulting in the immediate loss of 3.05 million USDT tokens, which Lookonchain reported on X.
